研討日期

2021823日上午10:30~ 12:20

研討地點

國立臺灣大學Webex Meeting

主講題目

Title of the paper

Can Firms Benefit From Competition?

作者

Authors of the paper

Mohammad M. Fazel-Zarandi, Ignatius Horstmann, Frank Mathewson

文獻出處

Journal, vol.(issue), pp

International Journal of Industrial Organization 76 (2021) 102740

主講人

王佳琪

參加人員

王佳琪、Beny Trias Oktora、彭正浩、Bui Dang-LongDong Van Chung、黃鴻、丁虹仁、施全、周冰瑤、張瑞雲、林晏如、Suttiwan 蘇婷、周宗翰、梁文榮、林燕淑、吳世傑、郭文忠、楊雅棠、王羿傑、羅先佑、許至乙、陳彥勲

摘要

Abstract of the paper

We typically assume that exit of competitors from an industry benefits those that remain. We show here that, when one accounts for the supply chain effects of exit, this need not be the case. Specifically, when exit downstream induces exit of upstream producers, input prices rise to the detriment of downstream firms. If mark-ups on inputs are large while downstream mark-ups are small, then exit of downstream competitors reduces the profits of non-exiting firms. We show that this result is quite general and argue that it has application beyond competition policy, being especially apt in the area of industry dynamics.